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Corus posts 3Q profit

TORONTO (AP) _ Corus Entertainment Inc. (CJREF) on Tuesday reported fiscal third-quarter net income of $49.5 million, after reporting a loss in the same period a year earlier.

The Toronto-based company said it had profit of 25 cents per share. Earnings, adjusted for amortization costs, came to 26 cents per share.

The media company posted revenue of $342.8 million in the period.

Corus shares have climbed 7 percent since the beginning of the year. The stock has fallen slightly in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CJREF at https://www.zacks.com/ap/CJREF

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Keywords: Corus Entertainment, Earnings Report

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